Ashton Thomas Securities LLC Sells 105 Shares of Procter & Gamble Company (The) $PG

Ashton Thomas Securities LLC trimmed its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,191 shares of the company’s stock after selling 105 shares during the quarter. Ashton Thomas Securities LLC’s holdings in Procter & Gamble were worth $668,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in PG. Brighton Jones LLC boosted its holdings in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the period. Taylor Financial Group Inc. raised its position in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after purchasing an additional 277 shares in the last quarter. Beacon Financial Group lifted its holdings in shares of Procter & Gamble by 1.0% in the 1st quarter. Beacon Financial Group now owns 9,399 shares of the company’s stock worth $1,602,000 after buying an additional 94 shares during the period. Lake Street Private Wealth LLC grew its position in shares of Procter & Gamble by 8.6% during the 1st quarter. Lake Street Private Wealth LLC now owns 3,256 shares of the company’s stock worth $555,000 after buying an additional 259 shares in the last quarter. Finally, Vest Financial LLC increased its stake in shares of Procter & Gamble by 5.2% during the first quarter. Vest Financial LLC now owns 365,925 shares of the company’s stock valued at $62,361,000 after buying an additional 18,017 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Trading Up 0.1%

Shares of NYSE:PG opened at $152.19 on Friday. The business’s 50-day moving average is $155.51 and its 200 day moving average is $160.06. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The firm has a market capitalization of $356.20 billion, a P/E ratio of 23.38, a P/E/G ratio of 4.01 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the firm posted $1.40 EPS. Procter & Gamble’s revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio is currently 64.98%.

Insider Transactions at Procter & Gamble

In related news, CEO Ma. Fatima Francisco sold 9,100 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,431,157.00. Following the transaction, the chief executive officer owned 27,295 shares in the company, valued at approximately $4,292,684.65. This represents a 25.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar G. Raman sold 9,554 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the sale, the chief executive officer owned 41,886 shares in the company, valued at $6,624,689.76. The trade was a 18.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock valued at $18,918,012 over the last quarter. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on PG shares. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. Barclays reduced their price target on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a report on Wednesday. Evercore ISI reiterated an “in-line” rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a report on Saturday, September 27th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and an average price target of $173.11.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.